About your Search

20121202
20121210
Search Results 0 to 8 of about 9 (some duplicates have been removed)
that rate to 39.6% where it was during the clinton administration. what else is in this new gop proposal? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equatio
under bill clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> mr. reich, let me ask you the same thing. do you think there's code suggesting they are working towards something? because, doug, as you point out, the language was really harsh during this week. but all of a sudden, here we are friday evening and people are saying these kind of soft things that say maybe compromise. what do you think, robert? >> i think doug is right. it's too early to break out the champagne, but undoubtedly, the rhetoric is softening as we get closer and closer to the christmas h
very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i don't think you get -- could get rates through unless the president gave a little bit. and if you look at the document from the grand bargain back in july of 2011, the president was willing to give on that. so we'll have to see if they can get back to that. but again, has to be one significant item that they know they'll be able to build upon in the future. an item from both sides. >> neither side's going to be thrilled. but they've got to compromise. >> that's the way life usually works, doesn't it? >> certainly does. thank you. >>> meanwhile, huge announcement today on capitol hill. the conservative senator jim demint of sou
each other was swinging. >> in 1994 clinton awarded him the national medal of the arts. >> i'll never forget in high school as a musician i could actually play the saxophone lead in "take 5." >> reporter: in 2009 the kennedy center honored his six decades. >> rhythm is an international thing. >> rhythm is an international language. >> reporter: dave brubeck spoke it fluidly. anthony mason, cbs news, new york. >>> coming up after your local news on "cbs morning news," an update on the growing crisis in syria. we'll get reaction from secretary of state hillary clinton who's holding talks. >> plus a groundbreaking way to treat alzheimer's disease with a brain pacemaker. >>> and the latest problems for the boeing 787 dream maker. we'll hear from peter later. >>> that is the morning news for this thursday. as always i appreciate your watching. i'm terrell brown in new york city. thank you, everybody. have a great day. -- captions by vitac -- www.vitac.com decemb >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's thursday, december 6. good to have you wit
of the negotiations. he needs to take control or needs to ask hillary clinton, leave the state department where she has done the job and take the lead on this. he needs to quickly get serious because here's the problem, jon. everybody day that goes by people are getting more and more concerned we'll raise taxes half a trillion dollars next year, there is more and more money on the sidelines in this economy. which means there are even more jobs that won't get created. that means economic growth will even decrease more. so, the president's got to wake up an realize he owns this economy. it is not in his political benefit to do this brinkmanship. jon: debbie, my understanding that the most to everybody agrees that the big drivers of government spending are entitlement programs like social security and medicare and medicaid. why not talk about reducing the expenditures there somehow? >> i want to say several things. one of the things got to do stop taking cheap shots. the secretary of treasury is one of the most serious people in this government. has the trust of the president and that is who the presi
hillary clinton as she prepares to step down. michael bloomberg called clinton to encourage her to enter the 2013 race for new york mayor when his term end. "the new york times" made it clear that she had no interest in the job. if she, however, decides to change her mind, she has one hurdle she has to overcome. she has to be a resident of the city. she bought a home when sheep deep sided to run for senate. >> exactly. >> new york senate years ago. >> you would imagine hillary clinton is one of the superstars in politics, and she has certain star power. you would think if she comes back into politics at this point -- they say she is not -- she would want a national office compared to a big, big job like mayor of new york city. if she gets in the game, she's going for the top again. the white house, not here in new york. >> what is mayor bloomberg going to do, steps down december 31st of 2013. >> count his money, i guess. >>> speaking of money, mitt romney is making a career move of sorts. he's rejoining the board of directors for marriott hoe tels. romney held the post from 1993 to 2002.
Search Results 0 to 8 of about 9 (some duplicates have been removed)

Terms of Use (31 Dec 2014)